THE VILLAGE CLUB FOUNDATION

EIN: 381690100 501(c)(3) Philanthropy & Grantmaking

BLOOMFIELD HILLS, MI

Total Revenue
$301,559
Total Expenses
$335,260
Total Assets
$5,307,634
Net Assets
$5,305,565
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MI
Principal Officer
DEBORAH KITSON
Phone
2486443450
Tax Period
2023-05-01 to 2024-04-30

THE VILLAGE CLUB FOUNDATION, founded in 1983, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $302K in total revenue in fiscal year 2023. Expenses of $335K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE PURPOSE OF THE VILLAGE CLUB FOUNDATION IS TO FURTHER EDUCATIONAL, CULTURAL, AND CIVIC ACTIVITIES, TO PROMOTE PHILANTHROPIC PROJECTS, AND TO OPERATE FOR THE GOOD OF THE COMMUNITY. THE FOUNDATION FOCUSES ON THE INTERRELATED ASPECTS OF COMMUNITY LIFE, BASIC HUMAN NEEDS, AND SERVICES. THE FOUNDATION WORKS TO ENRICH OTHER NONPROFIT ORGANIZATIONS TO MAKE A DIFFERENCE IN THE LIVES OF INDIVIDUALS, FAMILIES, ORGANIZATIONS, AND COMMUNITIES. THE FOUNDATION OFFERS FINANCIAL SUPPORT TO QUALIFIED NONPROFIT ORGANIZATIONS THROUGHOUT WAYNE, OAKLAND, AND MACOMB COUNTIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $128,328
Program Service Revenue $0
Investment Income $168,178
Other Revenue $5,053
TOTAL REVENUE $301,559

Expense Breakdown

Grants Paid $263,000
Salaries & Benefits $0
Fundraising Expenses $11,621
Program Expenses $270,766
Other Expenses $72,260
TOTAL EXPENSES $335,260

Year-over-Year Comparison

2023 2022 Change
Revenue $301,559 $286,515 +0.1%
Expenses $335,260 $331,959 +0.0%
Net Income $-33,701 $-45,444 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH KITSON PRESIDENT 15.00
Officer Director
$0 $0 $0
DEBORAH GOLLNITZ VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
KATHLEEN SCHWARTZ SECRETARY 10.00
Officer Director
$0 $0 $0
MARGUERITE LENTZ TREASURER 15.00
Officer Director
$0 $0 $0
GAY GARCIA CONTRIBUTIONS 10.00
Director
$0 $0 $0
CAROLYN MASSERANG GRANTS 10.00
Director
$0 $0 $0
ANNE MILLER PUBLIC RELATIONS 10.00
Director
$0 $0 $0
JOAN PRIMO TRUSTEE AT LARGE 10.00
Director
$0 $0 $0
CATHLEEN CLANCY SPECIAL EVENTS 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $301,559 $335,260 $5,307,634 $-33,701
2023 $286,515 $331,959 $4,922,807 $-45,444
2022 $471,719 $316,751 $4,970,977 $154,968
2021 $939,078 $377,755 $5,254,314 $561,323
2020 $253,584 $332,788 $3,494,904 $-79,204
2019 $382,559 $236,345 $4,014,805 $146,214
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